Member Info for bidnolid

This is looking quite attractive, although very unloved. I guess in a 'risk on' environment a defensive stock like this just isn't interesting to people. This from Edison today:

Valuation: Compressed rating, attractive yield In the seven weeks since the FY19 results announcement (on 23 May), Renewi’s share price has slipped back by c 26%. We consider this to be at odds with the unchanged estimates messaging at that time (and retained now) and the positive steps being taken since. On our expected and unchanged trough earnings in the current year, the company is trading on a 6.4x P/E and a 4.5x EV/EBITDA (adjusted for pension cash). These metrics compress further to 4.1x and 3.7x by FY22 on our estimates). Moreover, the prospective FY20 dividend yield – based on an unchanged payout expectation – is now 5.6%.

Israel will be quiet I agree, but I doubt (hope) David will let will let Ethernity just have the next 6 weeks off! Too many phone calls and enquiries to deal with from MWC and Rob should be working hard to finalise the contract with the US OEM. I'm going to the AGM in August so hoping for a good update then.

Very much so. Well, I have an apology to make .. I've just bought 5k more shares which usually means it will drop.

Not just talking with people kicking the tyres - sounds like senior telecoms execs from China were in the ENET booth.

This is very true Aussie! I was more referring to the 'come 14:30 today' comment .. buying does seem to be picking up though so fingers crossed..

There's some pretty silly ramps going on here .. you know you don't have to wait for the open of the US stock exchange to buy in London if you're American right ...

My trade was at 12p

My 25k buy at 08:00:06 is now finally showing!

Yes even my broker was shocked we got the fill.. guess I owe him a pint!

I spoke to my bookie before the open and thought I'd go in with a moderate amount - he managed to nab 25k shares at 12p - not showing yet though.

I managed to buy at the open at 12p, seems like monster news

TL I agree the valuation is low considering the opportunity. There are poorly run companies on AIM that offer nothing more than a hole in the ground in a far off African country that have higher market caps than ENET. However for some reason private 'investors' seem to be more willing to throw their money into mining/oil/gas exploration companies than game changing tech. Their loss is our gain imo.. if this US tier one contract gets signed in the next month or so we will be off and running in a big way.

Nice finds TL - appreciated. I'm going to pick up some more of these this week after selling a chunk of another holding.

https://www.bloomberg.com/news/articles/2019-07-08/all-electric-fleets-pledged-by-two-of-u-k-s-big-six-utilities

That "Simply Wall St" site is about as much use as that loo paper you used to get in school - much better off doing the sums yourself from Ethernity website or somewhere Morningstar.

Sub-50 .. this market can be very generous sometimes!

Nice 30k buy shown up from earlier this morning. I quite like it when my holding in a stock is bigger than a trade that is deemed "Large in Scale" :)

I think we may even see a small drift lower. Yet another impatient trader giving his money away (the 6,603 sell at 48 is the 6,603 buy at at 60.485 on June 18th..)

The Fiberhome stand is pretty prominent!

Ethernity Networks @EthernityN What do #MWC19 Shanghai attendees want? From what we see, our ENET Universal #Edge Platform is a hit, and so is the ACE-NIC100-enabled FitBNG we’re spotlighting jointly with @FiberHomeGroup .